Some good news at last from this weeks Shares mag. Tim Freeborn revisits the company and altho no firm details are given about new deals he says they will be announced this quarter. I would think that this could be at the same time as the interim results are announced. I for one will be holding on cos they will fly sooner rather than later! ( 8.30% up today!)

welcomeaboard: very helpful comments; you are confirming that EPO have a unique position in the market with their banking network with international coverage and the ability to handle a range of transactions that will vary from market to market. mikeowen: I would follow through this line of reasoning. If you only have one personal wallet, who is going to keep it for you? It won't be a finance company because they will not be the people to initiate links with their customers.
apple: should have been TF, of course, so well done Tim - I was giving you a J because you are emerging as a future John Marshall (or is that patronising?)! The market is up 0.10p although selling volume outnumbers buying with several realtively large sales. Volume is up to 4.8m shares but that is still less than 1% of the equity. ASOS have been regularly trading 5 to 10% of the equity, probably through a combination of profit taking, new institutional buying and day trading. None of these are motives for EPO transactions which is an argument for sideways movement until there is some more positive newsflow and the financials move nearer to break-even which will attract the larger investors. apple: however hard to stomach, I would buy back in to a reasonable stake and then take TF's advice to hold, certainly for six months to give positive newsflow a chance and to confirm that EPO are a leader in a key niche market.

SHARES MAGAZINE DONT LISTEN TO THERE TIPS. IT COULD DAMAGE YOUR WEALTH.how can any body defend this magazine,let alone buy this rubbish.What they tend to do is tip stocks and if they go belly up,dont mention them again.It has happened many times.One example that comes to mind is wigmore group,they would tip it ,tip it,for years,then something bad happens,and they never mention it again.What a joke.there are many more examples,The list is endless.I think shares magazine will go belly up soon,And as for that guy tf ramping his own shares.well what can i say.

Fairs, fair, there have been winners too, asos, marchpole, telecomplus and many others, look at the shares of the year last year. They can only guide you, there are no guarantees, otherwise there would be no need for such magazines if it was that easy. The journalists could just sit at home and become millionaires overnight. It all too easy to buy a mag on a thursday, read an article and say 'oh look he says this has chance, ill buy some of those' wait a couple of weeks and expect it to double or treble. You need to some of own research.

Strange, creeping up again.

I thought that these were dead.

They are, this is just the nerve ends twitching !!!

If a dead cat is thrown out of a 13th floor window, when it hits
the ground, it will bounce. It will be travelling upwards for a
short time but that doesn't mean that there's any life in it.

It may even meow.

The COO Russell Clarke resigned from board on Aug 20, the same day as the trading statement.

See RNS

Sounds like he didn't agree with the trading statement, perhaps he thought it was utter rubbish & didn't want to be associated with it at all. A DANGER SIGN I think.

In that trading statement Earthport said Q4 revenues up 47 pct vs Q3, so what do you think is going on?

im holding on with a 58%loss ,should i get out now,advice please

I can't give advice, I can only say that I got out.

You have to look at the all the info AVAILABLE to you & make your own decision.

Sometimes one sells a share that has fallen only to see it shoot up the next day or go down the drain, who knows?

Take a look at the trades over the past few days & see what you think.

thanks apple

Unless the shares are your life savings, put them in the bottom draw and leave them until the next set of results. The spread is wide, calculate how much it will cost you for dealing in and out of this share and your next punt. W/S. DYR

I have just come from the ASOS bb which is bubbling with positive anticipation from cats with cream on their lips. If you want to sell EPO than buy ASC before the weekend (read the bb!).
Having said that, I am well overweight in ASC and still holding on to EPO. One reason is that their cap. is down to 8m and their technology must be worth far more than that. Second, their technology is not mickey mouse and is being used by some significant players (see welcomeaboard, 487) . Third, I am giving weight to the expectation created by the CEO, I think deliberately, that the recent fund-raising will carry them throough to a positive cashflow. I may be wrong, in which case the shares will languish at their present levels for a year or more but probably not fall much further. If I am right the upside is very significant, even within the current financial year.
I wonder if there are any readers who have insights re current trading. EPO, like ASC, are there to exploit the internet and there activities must be legitimately visible to interested parties (see note 313 on ASC bb, for instance).
Eric

I'll hang on,thank's all

gorwell22,

Shares mag recently said something like (sorry, I don't have it to hand) that you should treat any monies invested here as if you they were VC funds, well in general VC investments pay off 1:10, (so the odds don't look too bad on first glance!) but when you factor in recent events i.e More fundraising after they said they wouldn't need to, the loss of another COO etc the lack of any of the 'wins' that were so widely leaked, then I suspect the odds lengthen to more like 100 to 1. If they can come up with some real news, then this could reverse quickly, but their track/execution record to date is pretty appalling.

So I would say hold on, but only if you are prepared to lose the lot, or if this company can finally perform as it promises, in which case you may still hit the jackpot!

DYOR, all imho and all that BS

Be Lucky.

Gorwell 22, Tradx

It is helpful to focus on the risk factor as Tradx is doing. However, I would read the probability differently. VC funds success ratio may by 1:10 but earthport have done the expensive part, which is developing the systems and setting up the banking network. It is helpful to focus on the S-curve: the initial low-gradient line with the innovative customers is the hardest work; then you start to negotiate the curve where you have good reference sells to increase sales penetration; then it is the steeper-gradient line until you start to approach market saturation (or products age or you are overtaken by competition). ASOS (ASC, see above) is a good example of a company which has negotiated the curve. Where are Earthport? My own view is that they are still on the low-gradient line but, with successful installations (?) at Wanadoo and three clients to be installed by October, should be approaching the "S-curve curve". Questions remain over the management and major product improvements are under way but we can overdo the VC bit. If the Directors and major shareholders believe the CEO is not doing a satisfactory job, then why not replace him? I would rate success to failure as evens. Failure may not be too costly (takeover? technology sale?) whereas the sky is the limit for success - next year's ASOS? But I do rate myself as an optimist, laced with realism! Conclusion: speculative buy.
Eric

All,

Man Group have declared a 5% stake..v,interesting..lets see what they do with it!

regards to all

T..

Tradx et al.

Any insights on the Man Group acquisition of a 5% stake? Man Financial are the brokerage division of the immensely profitable Man Group, normally concerned with futures franchises and 'matched principal business'. In other words they are not a passive investor. Nor do they waste their time on lame ducks. Immediate reaction is therefore positive. They are in to make 'loads of money'. If Earthport need more money they have it hanging on trees. They will want to see quick growth to profitability and then get out with a nice profit. Looks good for the faithful investors!

Eric

That might be a sell by Man Group, it depends how many they had before.

apple
Can't locate or recall any previous annoucement of a holding by Man Group. I suspect that, if EPO had been aware of Man Group interest, they would have been after them for funds. Can anyone shed light?
Eric